JPMorgan Chase & Co. lifted its holdings in Rice Energy Inc (NYSE:RICE) by 33.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,738,655 shares of the oil and gas producer’s stock after purchasing an additional 438,150 shares during the quarter. JPMorgan Chase & Co. owned 0.76% of Rice Energy worth $50,160,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in RICE. Aperio Group LLC grew its stake in shares of Rice Energy by 42.5% in the second quarter. Aperio Group LLC now owns 25,301 shares of the oil and gas producer’s stock worth $674,000 after purchasing an additional 7,551 shares in the last quarter. Public Employees Retirement Association of Colorado lifted its holdings in shares of Rice Energy by 1.6% in the second quarter. Public Employees Retirement Association of Colorado now owns 25,669 shares of the oil and gas producer’s stock valued at $684,000 after buying an additional 411 shares during the period. Great West Life Assurance Co. Can lifted its holdings in shares of Rice Energy by 22.5% in the second quarter. Great West Life Assurance Co. Can now owns 18,672 shares of the oil and gas producer’s stock valued at $496,000 after buying an additional 3,426 shares during the period. Schwab Charles Investment Management Inc. lifted its holdings in shares of Rice Energy by 6.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 682,510 shares of the oil and gas producer’s stock valued at $18,176,000 after buying an additional 38,621 shares during the period. Finally, Rhumbline Advisers lifted its holdings in shares of Rice Energy by 13.5% in the second quarter. Rhumbline Advisers now owns 171,669 shares of the oil and gas producer’s stock valued at $4,572,000 after buying an additional 20,480 shares during the period. 87.22% of the stock is owned by institutional investors.

Several analysts have recently weighed in on the company. US Capital Advisors lowered Rice Energy from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Cowen set a $30.00 price objective on Rice Energy and gave the company a “buy” rating in a report on Wednesday, October 18th. Goldman Sachs Group lowered Rice Energy from a “buy” rating to a “neutral” rating and cut their price objective for the company from $29.00 to $26.00 in a report on Friday, September 8th. BMO Capital Markets set a $30.00 price objective on Rice Energy and gave the company a “buy” rating in a report on Tuesday, October 10th. Finally, Jefferies Group set a $26.00 price objective on Rice Energy and gave the company a “hold” rating in a report on Thursday, October 5th. Nineteen equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $27.71.

Shares of Rice Energy Inc (NYSE RICE) remained flat at $$29.32 during midday trading on Friday. Rice Energy Inc has a 12 month low of $18.30 and a 12 month high of $29.72. The firm has a market cap of $6,690.00, a PE ratio of 45.81 and a beta of 1.57. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.15 and a quick ratio of 1.15.

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Rice Energy Company Profile

Rice Energy Inc (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company conducts its operations through two segments: Exploration and Production, and Midstream.

Institutional Ownership by Quarter for Rice Energy (NYSE:RICE)

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